RVR awards Sh13b fuel contract to Hass Petroleum

Hass Petroleum Limited, a major regional oil marketer and distributor has won a Sh13 billion tender to supply diesel to rail operator Rift Valley Railways (RVR) over the next three years.

Under the agreement, Hass Petroleum will provide RVR with an estimated 130 million litres of automotive gas oil (diesel) over a period of three years (the equivalent of over 4,300 fuel tank loads) to RVR's key operational centres in Kenya and Uganda.

Hass Petroleum was awarded the contract after edging out five other large regional oil marketers and distributors. The firm has significant presence in East, Central, Horn of Africa and the Great Lakes Region and is a key premier provider of high quality petroleum products.

This deal is coming at a time when RVR is in the middle of a $287 million (Sh25 billion) investment programme, which began in January 2012 to turn around the railway firm.